Happy Sunday,
Here’s a quick roundup of last week’s news :
Chart of the Week
This week’s Drewry’s Container Index highlights a recent increase in logistics costs
Movers & Shakers 🙌
Elizabeth Greene highlights a new Amazon Ads feature: Product Listing Quality checker to ensure campaign performance.
If you’d like to raise listing quality to a max to improve ad performance (and even better: drive organic sales), 👉 check out Autopilot’s new How-to guide.
Movers & Shakers 🙌
Google announces $350 million investment in e-commerce platform Flipkart [News Byte App]
Shopify acquires the team from Peel Insights, an AI-driven analytics startup [Business Insider]
Strategy 🦈
Why Prestige Beauty Can No Longer Ignore Amazon [Business of Fashion]
Amazon Briefing: Amazon still dominates online commerce, but Walmart shoppers are spending more on average [Modern Retail]
Amazon’s next potential threat to UPS: Using its own drivers for returns [The Information]
I used Amazon Showroom to design my office. The under-the-radar tool helped me save money, but it was far from perfect. [Business Insider]
Shopify leaders say AI helped keep its head count flat [Business Insider]
TikTok turns to generative AI to boost its ads business [TechCrunch]
TikTok said to plan job cuts amid a wave of tech industry layoffs [The LA Times]
‘For D2C brands, quick commerce is the next big growth driver’ [LiveMint]
What happened to retail giant Macy's? [Business Insider]
Job Opportunity 👩🚀
Operations Specialist - Amazon Automation Control Center ]with Autopilot]
Events 🎤
Shoptalk Europe, Jun 3-5 in Barcelona
Amazon Seller Partner Dev Summit, Jun 28-29 in Seattle
Amazon Accelerate, Sep 17-19 in Seattle
Make this week count 🙌
Christian